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16 Years Of Stealing By The PDP. - Politics - Nairaland

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16 Years Of Stealing By The PDP. by reekado19: 2:17am On Jan 14, 2019
16 YEARS OF PDP FAILURE

1. Boko Haram’s threat to national security was potent in virtually parts of the North, including Abuja, the FCT committing atrocities and heinous crimes against humanity. But the insurgents have been decimated and defeated under President Buhari. Only God knows what would have become of Nigeria had PDP continued in power beyond 2015.

2. In the South-South region, the PDP government promoted and commercialized militancy. So, many militant sects sprouted and were serviced by the PDP government. It dropped to an all-time low, below one million barrels per day, from 2.2 million barrels when the Buhari Presidency came on board. Is that the peace the PDP governments brought to Nigeria?

3. The PDP government saved no kobo for Nigeria. Rather, it deflated Nigeria’s foreign reserves which dropped from about $47 billion to almost zero by 2015.
4. The PDP piled up unpaid salaries and pensions of about six months at the federal level and left 27 states indebted to salaries and pensions. The cumulative effect was to plunge Nigeria into economic recession by the end of 2014 before they were ousted by angry Nigerian masses in the 2015 ballot.

5. The PDP government had access to so much national wealth, but it could not invest in critical infrastructures to attract investments. The roads, hospitals’, power generation and supply etc. were in comatose or a state of disrepair.

6. The PDP claimed it spent $16 billion on power generation, but left the seat of power with 2,300 megawatts of national grid by May 2015. What manner of prosperity is that? President Buhari has pushed it to over 7,000 megawatts in just three and a half years.

7. "Sixteen years of PDP, I can say it clearly that Lagos State never enjoyed anything from them. Three and half years of APC, I can clearly attest here that whatever it is that we have achieved in Lagos in the last three and half years, the present Federal Government has largely contributed to those things" Ambode

8. In late 2013, Nigeria's then Central bank governor Sanusi Lamido Sanusi informed President Goodluck that the state oil company, NNPC, had failed to remit US$20 billion in oil revenues owed to the state. Jonathan however dismissed the claim and replaced Sanusi for his mismanagement of the central bank's budget. Upon release of both the PwC and Deloitte report by the government at the eve of its exit, it was however determined that truly close to $20 billion was indeed missing, misappropriated or spent without appropriation.

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